Balkrishna Industries has reported results for second quarter ended September 30, 2016.
The company has reported more than two-fold jump in its net profit at Rs 242.92 crore for the quarter under review as compared to Rs 106.23 crore for the same quarter in the previous year. Total income of the company increased by 28.79% at Rs 1050.07 crore for the quarter under review as compared Rs 815.36 crore for the corresponding quarter previous year.
Balkrishna Industries is a leading manufacturer in the Off-Highway tire market. Since its founding in 1987, BKT has successfully focused on specialist segments such as agricultural, construction and industrial vehicles as well as earthmoving, port and mining, ATV, and gardening applications.
